EXNESS - Analytics


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    The USDCHF pair may reach parity in the medium term

    Buy on a level breakthrough of 0.9791 with 0.9868 target. Stop loss = 0.9741.

    Reason for the trading strategy

    The decline in the consumer price index, expected in July, puts pressure on the Swiss franc. Over the last month, the yield spread between 10-year US and Swiss bonds increased by 4 bps and increased the likelihood of the USD/CHF pair reaching parity in the medium-term.

    USDCHF, H4


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